<Basic Principles of Financial Sector Restructuring>
■ Efficient use of public resources
○ Market-oriented restructuring
○ Burden-sharing with shareholders, employees and managerial staff
■ Complying to international standards
■ Sequential restructuring
○ Banks first
○ But NBFIs destabilizing the financial system shut down any time
■ Closely linked to corporate sector restructuring
○ Accelerate corporate restructuring through bank reform
○ Enhance transparency of corporate management
○ Facilitate exit of non-viable corporations
■ Strengthening financial supervision
* Please refer to attached PDF for details.